China / Madagascar

Overview In September 2024, China exported $96.8M and imported $24.9M from Madagascar, resulting in a positive trade balance of $71.9M. Between September 2023 and September 2024 the exports of China have decreased by $-16.3M (-14.4%) from $113M to $96.8M, while imports decreased by $-3.31M (-11.7%) from $28.2M to $24.9M.

Trade In September 2024, the top exports of China to Madagascar were Non-Retail Animal Hair Yarn ($5.55M), Coated Flat-Rolled Iron ($4.17M), Other knitted or crocheted fabrics. ($3.99M), Heavy Mixed Woven Cotton ($3.48M), and Telephones ($3.15M). In September 2024 the top imports of China from Madagascar were Raw Nickel ($10.8M), Titanium Ore ($10.7M), Graphite ($4.42M), Niobium, Tantalum, Vanadium and Zirconium Ore ($3.81M), and Other Mineral ($3.16M).

Origins In September 2024 the exports of China were mainly from Zhejiang Province ($34.6M), Jiangsu Province ($11.4M), Guangdong Province ($10.4M), Shandong Province ($9.95M), and Hebei Province ($4.56M), while imports destinations were mainly Zhejiang Province ($6.65M), Hainan Province ($5.99M), Guangdong Province ($3.49M), Hebei Province ($2.64M), and Jiangsu Province ($1.74M).

Growth In September 2024, the decrease in China's year-by-year exports to Madagascar was explained primarily by an decrease in product exports in Non-Retail Animal Hair Yarn ($-7.84M or -58.5%), Coated Flat-Rolled Iron ($-3.02M or -41.9%), and Knitted or crocheted fabrics of a... ($-2.77M or -58.1%). In September 2024, the decrease in China's year-by-year imports  from Madagascar was explained primarily by an decrease in product imports  in Raw Nickel ($-35M or -76.5%), Coconut and Other Vegetable Fibers ($-413k or -55.1%), and Cobalt ($-389k or -49.3%).